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-----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Arthur Cordell Sent: Wednesday, April 03, 2013 7:35 AM To: 'RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION'; [email protected] Subject: Re: [Futurework] State-Wrecked: Corruption of Capitalism in America Adding to my own email re: "At the national and international financial level the choices and possible outcomes are viewed through different ideological prisms. Stockman's is one. " Many years ago when I was in NY I did some consulting work with the Hudson Institute and Herman Kahn. He was strange but smart. One of his one liners was: When he came to a new situation he found out who the local paranoid was. He would ask that person: Is there anything going on to worry about. If the answer was yes, he checked it out. If the answer was no, then he would begin to do some policy work. In this context it is worth listening to Stockman. Arthur -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Arthur Cordell Sent: Wednesday, April 03, 2013 10:24 AM To: [email protected]; 'RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION' Subject: Re: [Futurework] State-Wrecked: Corruption of Capitalism in America "What's the connection with Stockman's piece? It's complicated. I've said before that I think we're in the process of hitting a complexity catastrophe. Things in general now have so many moving parts, each of which with affects many or all of the others in some way that no planned act can have a predictable likelihood of producing any particular outcome. In that context, more or less random acts have a good a prognosis as planned and calculated one." Agree. And yet in the midst of this complexity decisions still have to be taken at both the private and public level. At a different level it is not unlike diagnosing and treating an illness: Many approaches are possible but one still must be chosen. Even doing nothing can be considered to be an approach. At the national and international financial level the choices and possible outcomes are viewed through different ideological prisms. Stockman's is one. Arthur -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Mike Spencer Sent: Wednesday, April 03, 2013 2:56 AM To: [email protected] Subject: [Futurework] Re: State-Wrecked: Corruption of Capitalism in America Late response to the Stockman article Arthur posted: I don't have any useful understanding of finance, banking, the money supply or the nature and implications of national debt. So I don't really understand the context in which Stockman makes his numerous bald-faced assertions about what's happened since FDR and can't apply the usual bogon detectors. For example, I don't have a clue what this: Snip, snip, snip. _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
